RBB Bancorp Q2 2024 GAAP EPS $0.39 Beats $0.34 Estimate, Sales $27.453M Beat $27.387M Estimate
Portfolio Pulse from Benzinga Newsdesk
RBB Bancorp (NASDAQ:RBB) reported Q2 2024 earnings per share (EPS) of $0.39, beating the analyst estimate of $0.34. Sales were $27.453 million, slightly above the $27.387 million estimate. However, both EPS and sales showed significant declines compared to the same period last year.
July 22, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBB Bancorp reported Q2 2024 EPS of $0.39, beating the $0.34 estimate, but both EPS and sales showed significant declines compared to the same period last year.
While RBB Bancorp's EPS and sales beat analyst estimates, the significant year-over-year declines in both metrics may temper investor enthusiasm. The mixed results could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100